The word about Solanium platform is taking the blockchain ecosystem by storm. This latest and new project is all set to introduce governance voting and time-weighted token staking on Solana blockchain. Users will get a custom Serum GUI for Serum trading, a feature for locking SLIM tokens, the ability to create pools for distributing SPL tokens, and many more functionalities.
Solanium is a new platform that is all set to be launched on the Solana blockchain. The token distribution on Solanium is randomly distributed over various participants for the private and seed rounds. By doing this, the creators ensure that no single participant holds a large majority of tokens, thereby creating a fair distribution system.
In the first phase, the governance of this platform will be a combination on the lines of blockchain voting and centralized solution. As a user, you can sign in with your wallet on the Solanium platform’s application to vote. Gradually, the creators will start on-chain voting on this application to make it entirely decentralized.
When asked about the reason for releasing a partially decentralized application initially, the creators replied that they wish to grab the attention of the blockchain community without any delay.
Another interesting and one of the main functions of Solanium will be Pools. Any user with a Solana wallet can sign in to create a Solanium pool for distributing SPL tokens. You will enjoy a simple user interface for setting up a pool and creating an SPL token.
While the creators of the Solanium platform will continue to manage the visibility of pools, every user can create their own pool and interface for interaction.
